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AFA To Propose Changes to Forest Products Severance Tax Statute

Wednesday, February 15, 2017  
Posted by: Liz Chambers
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AFA To Propose Changes to Forest Products Severance Tax Statute

By From the Weeds on Feb 14, 2017 12:01 pm
AFA To Propose Changes to Forest Products Severance Tax Statute

Alabama first adopted a forest products “severance” tax in 1945. The purpose of this tax was to “provide for the conservation of the natural resources of the state by protection of the forest products and development of the forestry program.” As such, the proceeds of the tax were earmarked for the Alabama Forestry Commission. The severance tax was based on the volumetric amount of wood products produced from trees severed in Alabama and was intended to be paid by the landowner.

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